Property Overview: 11 Cherryhill Road, Garden City, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Garden City is a study in contrasts, offering a solid value proposition for a specific buyer. Its 1,040 sqft living area is modest, ranking below average for both the street and neighbourhood, suggesting a cozy, efficient layout. However, its standout feature is its assessed value of $39,100, which places it in the top 15% of Garden City, indicating that municipal assessment sees significant underlying value here—likely tied to its generous 6,522 sqft lot, which is above average city-wide. The home benefits from a renovated basement and a detached garage.
The appeal lies in this balance of a lower-maintenance, single-level home on a larger-than-typical lot for the area. It suits a practical buyer—perhaps a first-time homeowner, downsizer, or investor—who prioritizes land size and assessed value metrics over sheer interior space. A thoughtful perspective is that while the home itself is smaller and older (built 1956), its high assessment relative to peers could signal better-than-average finishes, systems, or an opportunity for expansion, making it a strategic entry point into the neighbourhood.
Section 2: Frequently Asked Questions
1. Why is the assessed value so high compared to the living area?
The property’s assessed value is significantly above average for its immediate area. This often reflects factors like the renovated basement, the substantial lot size, and overall property condition, which the municipal assessment model weighs heavily.
2. What does the "below average" living area ranking mean for daily life?
With 1,040 sqft, the home offers efficient, manageable space. It’s well-suited for individuals, couples, or small families who prefer a cozy layout with less to clean and maintain, but may feel cramped for those needing multiple dedicated rooms or ample storage.
3. How does the lot size benefit me?
The 6,522 sqft lot is a key asset, providing ample outdoor space for gardening, recreation, or future additions like a shed or deck. In neighbourhood comparisons, this larger parcel is a distinct advantage for privacy and outdoor enjoyment.
4. Is the sold price history reliable?
The listed sold prices are estimated ranges from public data. For precise historical sale figures, you must request the exact data via email from the provider, as they manually verify and share this detail.
5. Who are the most likely comparable properties?
True comparables are best found by matching key metrics, not just proximity. Similar assessed-value homes on different streets (like those on Woodfield Bay or Wexford Street) or neighbourhood homes with similar lot sizes and renovation levels offer a more accurate value comparison than just the house next door.